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Learning about financial markets and practicing with a demo account. Preparing to trade with real money.
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GBPUSD
Yeah, I remember last year when oil prices spiked like this. Dollar went ballistic and GBPUSD just got hammered for weeks. Feels like deja vu, just waiting for them to push the button and break this l...
GBPUSD
Looking at this chart, it's like a textbook Head and Shoulders pattern forming on the H4, maybe even bigger on the D1. See how the left shoulder was that initial push up, then the head was the failed ...
GBPUSD
And that neutral RSI isn't helping either, just sitting there begging to turn down. Seriously, this looks like a prime setup for a big sell-off.
EURUSD
This EURUSD choppy nonsense is just blatant manipulation. They pushed it up a bit then slammed it down to catch stops, classic algos at work. Why can't they just let it trade freely for once? These sp...
EURUSD
@JoshuaWhite28 Yeah, definitely a liquidity grab. They always do this at the session opens. Just watch, they'll probably reverse it again in an hour.
EURUSD
And it's already going the other way now. See? They just move it to trigger orders. Never trust these moves, they're all fakeouts designed to empty your account. This broker is probably widening sprea...
BTCUSD
Watching this BTCUSD drop like a stone. Just closed my long position around 71.8k with a small loss. Honestly, the price action today is wild, feels like a massive liquidity grab before anything solid...
BTCUSD
@SamanthaRobinson I get that. The correlation is definitely there, especially with how institutional money moves. Makes it harder to find unique opportunities sometimes.
BTCUSD
@solarflare401 Totally agree with sticking to one rule. Chasing trades is the worst, always ends up costing more. Especially with this volatility, it feels like a dead cat bounce could easily trap you...
XAGUSD
Silver closed pretty strong on Friday tbh, especially with the news from the Middle East. Wonder if that'll keep pushing it up next week? RSI is still kinda neutral but it's moving in the right direct...
XAGUSD
Update: Also, the US jobs data was weaker than expected, which could be good for silver. Less pressure on the dollar maybe?
XAGUSD
Yeah, looking at the weekly chart, it seems like silver has been consolidating for a while now. That 200-day SMA at 87.24 is still a major resistance level, though. If it can break above that, I think...
EURUSD
The news about Iran has me on edge. I'm worried about a risk-off move affecting EURUSD. Safe havens might be the play for now. I'll be watching closely when the market opens to see how it reacts, but ...
EURUSD
Update: I'm looking at the charts now, and EURUSD is still below the 200 SMA on H4. That's making me even more bearish, tbh. If it breaks below 1.1780, I think we could see a bigger drop. I'll set an ...
EURUSD
@odavies210 I agree, it does seem stuck in a range. I'm still learning too, but those SMAs are something to watch, like @ChloeE79 said. Maybe try drawing some trendlines to see if you can spot any pot...
GBPUSD
I'm holding a small short position over the weekend. Not sure if that was smart, but my SL is just above R1. Hoping for a gap down on Monday, but prepared to close if it goes against me. Nervous tbh.
GBPUSD
update: maybe I should've closed it out on Friday lol. oh well, see what happens. maybe will add to my position if it goes higher
GBPUSD
@elenagarcia70 I saw that S2 level too. do you think it will break through or bounce? i'm still learning how to properly read RSI.
DXY
The DXY seems stuck between the 20 and 50 SMAs. Anyone else noticing this? Is a breakout likely soon, or will it keep bouncing between these levels? I'm still learning how to read these signals proper...
DXY
I've been looking at the DXY chart on the D1 timeframe. The RSI is pretty much neutral, so it's not giving a clear signal. However, the price is above the 200 SMA, which could suggest a long-term bull...

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